Does it matter if you collect social security and gained the house in a dollar deed transfer?

But to further push the selling aspect does anyone know of a way to secure bank financing to sell a condo that is not FHA approved.

he is 67 years old and collects social security.

We also ask for deposit (refundable) sum equal to 3 months rent which is kind of security, if they don't pay or made any damage to house, we can recover the cost from this deposit money.

Accounting, including auditing if required for your exemption as a security, distributions to investors, plus asset management all will take time and money to stay on top.

Anyway, here's what the fact sheet says:The final rule approved today makes changes to Rule 506 to permit issuers to use general solicitation and general advertising to offer their securities provided that: The issuer takes reasonable steps to verify that the investors are accredited investors.and then later in the Fact Sheet:The determination of the reasonableness of the steps taken to verify an accredited investor is an objective assessment by an issuer.

Of course, securing the land would be difficult in a downtown area if not very expensive.

The second mortgage amount of $40,000.00 must be secured with another instrument other than the property.

Would you be able to secure enough by the time your single family is finished with the smaller immediate return?

I was not able to secure a deal on any, likely because their number/$ and mine were not close enough.